Money Myth: Millionaires Inherit Their Money
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Money Myth: Millionaires Inherit Their Money
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In this episode, I discuss what it means to be a millionaire. How many millionaires are there in the US? How do you determine who is a millionaire? What does the typical millionaire look like? What is their occupation? Where did they go to school? How long did it take them? Can you become a millionaire? Listen to find out.
Action Steps:
Calculate your Net Worth. Total up all your assets, everything you own, and then subtract all your liabilities, everything you owe. The number you get is your Net Worth. Then make it a habit of calculating your Net Worth every year to see how you are progressing.
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